E-commerce, as a segment, is growing in demand every year. It also witnessed a recent surge due to the coronavirus pandemic. With people staying indoors, ordering groceries or other stuff online is definitely easier and safer, with products being safely delivered to one’s doorstep. However, for businesses large or small, taking care of inventory, shipping and delivery can be a hassle. Making this task easier is UK-based startup Huboo, which has now secured Series A funding.
Huboo’s current funding details
The latest €15.29M series A funding for Huboo was led by Stride.VC, along with Hearst Ventures. In addition, several other investors such as Episode 1, Maersk Growth, Ada Ventures, and True Capital also pitched in. With the latest funding round, the total amount raised by the startup now stands at €19.69M.